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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.41% By Investing.com

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Investing.com – Saudi Arabia stocks were higher after Sunday’s close, as gains in the banking and finance sectors led shares higher.

At the close in Saudi Arabia, the general market index rose by 0.41%.

The session’s top performer was Red Sea Housing Services Co. (TADAWUL:), which rose 9.88% or 5.60 points to trade at 62.30 at the close. Meanwhile, Al Baha Investment and Development Co. (TADAWUL:) added 6.25% or 0.01 points to close at 0.17, and Cooperative Insurance Co. (TADAWUL:) rose 4.90% or 7.00 points to trade at 150.00 at the close.

The worst performance in the session was Jamjoom Pharmaceutical Factory Shares of a public joint stock company (Tadawul:) fell by 4.55% or 9.20 points to trade at 193.00 at the close, shares of Arabian Shield Cooperative Insurance Company (Tadawul:) fell by 3.74% or 0.76 points to trade at 19.56, and shares of Rasan Information Technology Company (Tadawul:) fell by 3.13% or 2.00 points to trade at 61.80.

The number of advancing stocks exceeded declining ones in trading on the Saudi Stock Exchange by 163 versus 122, while 21 stocks remained unchanged.

Red Sea Housing Services Co. (Tadawul:) shares rose to a three-year high, up 9.88%, or 5.60 points, to 62.30.

Crude oil futures for November delivery rose 0.10%, or $0.07, to $70.33 a barrel. In other trading, Brent crude futures for December delivery fell 0.21%, or $0.16, to $73.69 a barrel, while gold futures for December delivery rose 1.24%, or $32.50, to trade at $2,647.10 an ounce.

The EUR/SAR pair was flat, down 0.01% at 4.19, while the USD/SAR pair was flat, down 0.00% at 3.75.

US dollar index futures rose 0.10% to 100.42.

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